JP Morgan sees digital assets and hedge funds as a preferred alternative asset class, moving real estate to the sidelines with high mortage rates. BTC update;

tldr; JP Morgan is using blockchain technology for collateral settlements, particularly in the trading of traditional financial assets. The Wall Street investment bank carried out its first blockchain transactions of this type on May 20th. JP Morgan is also considering using the technology for the tokenization of equities, fixed income collaterals, and other asset types.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*